Solved

Pericloud Company Uses a Standard Costing System

Question 4

Multiple Choice

Pericloud Company uses a standard costing system.The following information pertains to direct materials for July:
Pericloud Company uses a standard costing system.The following information pertains to direct materials for July: Pericloud Company reports its material price variances at the time of purchase.What is the material usage variance for Pericloud Company? A) $1,900 U B) $2,450 F C) $7,850 U D) $1,000 F Pericloud Company reports its material price variances at the time of purchase.What is the material usage variance for Pericloud Company?


A) $1,900 U
B) $2,450 F
C) $7,850 U
D) $1,000 F

Correct Answer:

verifed

Verified

Unlock this answer now
Get Access to more Verified Answers free of charge

Related Questions

Q1: During October, 10,000 direct labor hours were

Q2: Responsibility for variable overhead spending and efficiency

Q3: Extreme Builders constructs houses.The standard labor rate

Q5: An unfavorable price variance occurs whenever the

Q6: Ketone Inc.produces small engines.For last year's operations,

Q7: Kris Company calculates its predetermined rates using

Q8: The variable overhead efficiency variance is directly

Q9: When overhead is applied on the basis

Q10: Which of the following formulas computes usage

Q11: The actual quantity of input at the